Japanese users can soon get the Basic Attention Token (BAT) by displaying Brave ads.
On July 30, the major Japanese cryptocurrency exchange BitFlyer partnered with Brave Software International SEZC, a subsidiary of Brave Software, the maker of the crypto-enabled Brove browser.
Within the association, The companies have jointly developed a wallet for cryptocurrencies in the Brave browser, which Japanese users can use to receive BAT for displaying Brave ads. Japanese Brave users can also buy or sell BAT on BitFlyer, and share BAT with publishers and content creators.
While several exchanges in Japan support BAT, including BitFlyer, Current regulations prevent users in the country from receiving BAT when viewing advertisements.
Instead, Japanese users can collect BAT points, but they cannot be exchanged for BAT, other cryptocurrencies, or even the Japanese yen.
Talk to Cointelegraph BitFlyer said the new wallet will allow users to get BAT as the Japanese exchange is already a regulated entity.
Earlier this month, BitFlyer and Brave initially announced that they would develop “a crypto-asset wallet for Brave browser users.”
According to today’s announcement, the new cryptocurrency wallet is called “Integrated Wallet” and is expected to be launched in November 2020.
Kumihiro Mine, president of BitFlyer, said the club “It would serve as a prime example of new cryptocurrency opportunities, not just an investment option.”
“Even those who haven’t been exposed to cryptocurrencies will become familiar with it by increasing the chances of owning and using the cryptocurrency through the Brave browser,” he said.